Tokyo, May 6 -- Nikkei Asia on May 5 published a mega story by journalist Atsushi Tomiyama, analysing the impressive economic growth that Vietnam has achieved thanks to its renovation efforts.

The article cited data from the International Monetary Fund (IMF) showing that Vietnam's gross domestic product, in local currency terms, was 51 times larger in 2024 than in 1994, the highest growth rate among ASEAN members.

Vietnam's economic success is attributed mainly to the "Doi Moi" (Renewal) policy launched at the 6th National Party Congress in 1986. The article said that these renovation efforts began to generate positive results in the second half of the 1990s.

The article cited Party General Secretary To Lam's address at the grand celeb...